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Is $172.50 for a 10oz silver bar a good price?

ajaanajaan Posts: 17,370 ✭✭✭✭✭
in Precious Metals

Dealer at the coin show today was asking $172.50 for a 10oz Silvertowne bar.


DPOTD-3
'Emancipate yourselves from mental slavery'

CU #3245 B.N.A. #428


Don

Comments

  • PerryHallPerryHall Posts: 46,137 ✭✭✭✭✭

    That close to melt is a good price.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • SmudgeSmudge Posts: 9,524 ✭✭✭✭✭

    Yep.

  • coinpalicecoinpalice Posts: 2,453 ✭✭✭✭✭

    priced right, usually coin shows have retail prices too

  • ashelandasheland Posts: 23,189 ✭✭✭✭✭

    Good price

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  • TwoSides2aCoinTwoSides2aCoin Posts: 44,293 ✭✭✭✭✭

    Considering I have to pay $.45 over spot, at a minimum, if I order one or ten. I think it’s fair.

  • Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭

    Yup, it's a good price !!! :)

    Timbuk3
  • OPAOPA Posts: 17,121 ✭✭✭✭✭

    Suggest you grab one before he changes his mind. B)

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Definitely... I do not collect silver bars, but looking at melt prices, it is a good deal. A month ago, well, it may have been cheaper.... two months from now - who knows? Cheers, RickO

  • johnny9434johnny9434 Posts: 28,334 ✭✭✭✭✭

    yes that is a good price. got 2 bars

  • coinpalicecoinpalice Posts: 2,453 ✭✭✭✭✭

    they have sales tax at coin shows

  • MorganMan94MorganMan94 Posts: 1,330 ✭✭✭✭✭

    @coinpalice said:
    they have sales tax at coin shows

    Depends on the state, Iowa does not but Minnesota does. As far as other states I would have to look into it.

  • Type2Type2 Posts: 13,985 ✭✭✭✭✭

    Here in So Cal none after $1500. So I buy a bit more.



    Hoard the keys.
  • ajaanajaan Posts: 17,370 ✭✭✭✭✭

    @coinpalice said:
    they have sales tax at coin shows

    Didn't pay any sales tax.


    DPOTD-3
    'Emancipate yourselves from mental slavery'

    CU #3245 B.N.A. #428


    Don
  • johnny9434johnny9434 Posts: 28,334 ✭✭✭✭✭

    massachusetts does

  • OPAOPA Posts: 17,121 ✭✭✭✭✭

    Terrible deal now. But that's been "par for the course." The big boys have a sale that you can't refuse, just in time to see Silver drop.

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • cohodkcohodk Posts: 19,124 ✭✭✭✭✭

    @OPA said:
    Terrible deal now. But that's been "par for the course." The big boys have a sale that you can't refuse, just in time to see Silver drop.

    "They" keep manipulating us. Darn them.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • OPAOPA Posts: 17,121 ✭✭✭✭✭

    @cohodk said:

    @OPA said:
    Terrible deal now. But that's been "par for the course." The big boys have a sale that you can't refuse, just in time to see Silver drop.

    "They" keep manipulating us. Darn them.

    I don't believe that one bid, but they do have a knack of knowing, which most of us don't have privy to, as to the short term direction of the "stuff."

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • cohodkcohodk Posts: 19,124 ✭✭✭✭✭

    @OPA said:

    @cohodk said:

    @OPA said:
    Terrible deal now. But that's been "par for the course." The big boys have a sale that you can't refuse, just in time to see Silver drop.

    "They" keep manipulating us. Darn them.

    I don't believe that one bid, but they do have a knack of knowing, which most of us don't have privy to, as to the short term direction of the "stuff."

    You know Im just trying to play to the manipulation crowd. ;)

    The short term trends, while not easy, are also not difficult to discern.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

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